Capital Trust Ltd to issue 75 lakh warrants to Yogen Khosla

In accordance with the request received from Mr. Yogen Khosla, promoter of Capital Trust Ltd, the Board of Directors of the Company at its meeting held on January 27, 2015, decided to issue 75,00,000 convertible warrants into equity shares of face value of Rs. 10 each on preferential basis at the rate decided as per Regulation 76(1) of SEBI (Issue of Capital and Disclosure Requirements) Regulations 2009 subject to approval of shareholders by way of Special resolution in the Extra Ordinary General Meeting to be held on February 24, 2015 on such terms and conditions as mentioned in the Explanatory Statement to the Notice conveying Extra Ordinary General Meeting.

Shares of CAPITAL TRUST LTD. was last trading in BSE at Rs.128.3 as compared to the previous close of Rs. 135. The total number of shares traded during the day was 64174 in over 508 trades.

The stock hit an intraday high of Rs. 141.7 and intraday low of 128.3. The net turnover during the day was Rs. 8661232.

Source : Equity Bulls

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